Bill > A757

Introduced Session

This bill permits the State Lottery Commission to authorize lottery games using video lottery terminals at a facility located at the Meadowlands horse racetrack. The facility for the video lottery terminal project would be developed by the New Jersey Sports and Exposition Authority. The Division of Gaming Enforcement, which has investigatory and enforcement responsibilities over casino gaming in Atlantic City, would perform similar functions over the video lottery terminal licensees and games. Revenue generated by the video lottery terminals would be deposited into a newly created "Video Lottery Terminal Fund," to be appropriated only for the payment of prizes to the winners of video lottery games, the expenses of the division of the State Lottery, the administrative expenses of the New Jersey Sports and Exposition Authority in developing the facility for the video lottery terminals, and such other necessary administrative expenses. Of the revenue amounts remaining in the fund, 1/3 would be transferred to the newly created "Horse Racing Special Fund," for the benefit of the horse racing industry, and 1/3 would be transferred into the General Fund of the State for the funding of State expenses, and 1/3 would fund State aid for education. The bill will only take effect upon approval by the voters at a referendum held at a general election.

AI Summary

Committee Categories

Ralph Caputo (D)*,  Joe Lagana (D)*,  Gary Schaer (D)*,  Reed Gusciora (D),  Gordon Johnson (D),  John McKeon (D),  Vincent Prieto (D),  Annette Quijano (D),  Cleopatra Tucker (D), 

Introduced, Referred to Assembly Tourism, Gaming and the Arts Committee (on 01/09/2018)